A2P SMS Market to grow at a CAGR of 3.43 percent to reach USD 84.18 Bn by 2029

(I-SoftwareNews.Com, April 11, 2023 ) As per Maximize Market research, the total global market for “A2P SMS Market” was USD 64.42 Bn in 2021 and is expected to grow at a CAGR of 3.43 percent over the forecast period to reach USD 84.18 Bn by 2029

A2P SMS Market Report Scope and Research Methodology

The A2P SMS Market report is a combination of secondary and primary data, which makes it error-free and authentic. It provides a detailed analysis of current, past and future market dynamics including opportunities, drivers, restraints and challenges. The bottom-up approach was used to estimate the A2P SMS Market size.

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A2P SMS Market Dynamics

The key factors that are driving the global A2P SMS Market are becoming more popular for communicating business to people through various corporate platforms, support services, and online reservation systems. A2P SMS is a powerful medium for businesses in the communication market space to connect with mobile users.

A2P SMS Market Regional Insights

The Asia Pacific region is expected to dominate the global market during the forecast period by holding the largest A2P SMS Market share. Owing to the increasing mobile subscriber base, players operating in this market are becoming more competitive and also aim to provide the best customer services in A2P messaging solutions.

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A2P SMS Market Segmentation

By Components

Platform

A2P Service

By Deployment Mode

On-premises

Cloud

By Application

Authentication Services

Promotional and Marketing Services

Customer Relationship Management Services

Pushed Content Services

Interactive Messages

Others

By Vertical

Banking, Financial Services, and Insurance

Retail and eCommerce

Hyperlocal Businesses

Healthcare

Travel and Hospitality

Others

A2P SMS Market Key Competitors include:

Syniverse Technologies(US)

AMD Telecom(Spain)

Fortytwo Telecom(Malta)

CLX Communications(Sweden)

Ogangi Corporation(US)

Silverstreet(UK)

Tanla Solutions(Hyderabad)

Symsoft AB(Sweden)

Cybercomm(US)

tyntec(Germany)

nexmo(Germany)

DIMOCO(Austria)

Vodafone Group Plc.(UK)

Bharti Airtel Limited(New Delhi)

Bics(Belgium)

Tata Communications (Mumbai)

Genesys(US)

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Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

SMS Firewall Market - The market was valued USD 1.53 Bn. in 2021 and is expected to reach USD 4.09 Bn. by 2029, at CAGR of 13.04 percent during forecast period.

Premium A2P and P2A Messaging Market - The market size is projected to reach USD 99.20 Bn. at the end of the forecast period at a CAGR of 5.85 percent.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

Dnyaneshwari Yevale

+91 9607365656

dy@maximizemarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com

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A2P SMS Market to grow at a CAGR of 3.43 percent to reach USD 84.18 Bn by 2029